Found March 12, 2012 on Waiting For Next Year:

Pro Football Talk has the current list NFL teams’ cap space figures after the league announced Sunday the cap for 2012 has been set at $120.6 million.

The Browns have the 12th most cap space in the league, according to these figures. The team with the most money to spend in free agency and for draft picks is the Cincinnati Bengals with a whopping $49.9 million dollars. After cutting salary the last few weeks, the Steelers have $10.6 million for their draft picks and to pursue resigning WR Mike Wallace.

[Related: Browns could have $20 million to spend in free agency]

[Related: Steelers clearing cap space]

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